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Property Description |
Attention investors! Unique opportunity to own a value-add mixed use (retail/multi-family) property on Charlotte Hwy (US 74). This 2.43 acre site, with city water boasts open use zoning with 3 occupied retail units (well established businesses) and 6 occupied mobile home pads. Tenants are long-term, but on month-to-month leases. Very low maintenance, due to tenant responsibilities. All lease rates are below market and expenses can be decreased significantly with very little capital and effort, so increase in cash flow could be realized within 1-6 mos. 285 feet of road frontage on a thriving commercial section of Charlotte Hwy with a vehicle count of ~19,000+ vehicles per day. This property is a must-see. See drone video attached. |
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